Trading Account In Hindi: If you have even a little interest in the stock market and make money with money want or you Share Market If you like content related to, then you must have heard that to buy and sell shares in the stock market Trading Account It is needed, without it you can neither buy nor sell shares.
But do you know that after all Trading Account what is, trading account Work How does Is, trading account How making Is, trading account Where? open up And trading account And Demat Account In what gap Would Is,
If you want to get all such information then you have come to the right article. Through today’s article, we will provide you complete information about trading account so that all your doubts can be cleared and you too can earn money by investing in share market. For this must read – How to earn money from trading.
So without wasting any time let us know trading account what Would is in hindi,
What is Trading Account (What is Trading Account in Hindi)
To buy and sell shares in the stock market, we need an account called trading account. You can trade in the stock market only with the help of a trading account. share Can buy and sell. Trading Account is also called business account in Hindi.
Without a trading account, you can neither buy nor sell shares in the stock market, because stock exchanges Trading account is required for this.
Simply put, Trading Account is such an account through which any investor can transact shares in the stock market. With the help of trading account you can easily Intraday Trading Can also do it easily.
How does a trading account work
If you do not understand what is Trading Account, then you will understand easily by knowing about the way it works.
Actually our trading account is our bank account And demat account remains linked with. When we buy shares of any company from the stock market, its payment is linked to our trading account. Bank It is done from the account and the shares are deposited in our Demat Account. Similarly, when we sell the shares, the payment comes to our linked bank account and the shares are reduced from the Demat Account.
And all the shares we have transacted in the stock market are all done through our trading account. The job of a bank account linked to a trading account is to transact money and the job of a Demat account is to hold or deposit shares.
Where to open trading account
You can open the trading account in any stock broker Can be opened from When you open a Demat Account, you can also open your trading account along with it.
You Full Service Broker, discount broker Or you can open your trading account with banks. Keep in mind that some brokers charge separately for opening a trading account, while some brokers open your trading account for free.
Most discount brokers such as Upstox App, Groww, Zerodha Adi gets you a trading account opened for a very low fee. You have whichever trading application By downloading it, you can open your trading account very easily. The broker links your trading account with the Demat Account.
It is worth noting that when you buy or sell shares after opening a trading account, the broking company charges you a brokerage.
Documents required for opening a trading account
You will need the following documents to open a trading account –
- account opening form
- ID Proof (PAN Card, Aadhaar Card, Voter ID Card, Driving License)
- Address Proof (Electricity, Water or Gas Bill, Aadhaar Card)
- bank account
- canceled check
- passport size photo
How to create trading account
You can easily create a trading account in the following ways –
- First of all, visit the official website or download the application of the broker with whom you want to open your trading account.
- Then you fill the account opening form, in this you have to fill your name, address, PAN and bank details which you have to link with your Demat and Trading Account.
- Now select the brokerage plan
- Upload your documents. Such as Aadhaar, PAN, cancel check, your photo and signature as well.
- After this, the verification of the person is done by the broker whether the information given by you is correct or incorrect. This verification is done through digital call, video recording etc.
- In the end, the verification of your Aadhaar has to be done again through OTP. When the information and documents given by you are submitted, then within 24 to 48 hours your Demat and Trading Account is ready.
Advantages of Trading Account
The advantages of trading account are as follows –
- You can easily transact shares through trading account.
- The transaction of money in buying and selling shares becomes automatic.
- No matter where you are, if you have a trading account, you can buy and sell shares through online mobile.
- With the trading account going online, the brokerage charge has come down as compared to earlier.
Difference between trading account and demat account
Many people have confusion between trading and Demat account, so it is also very important to know the difference between these two. These are all basic things for a new investor.
Following are the differences between Trading Account and Demat Account –
| demat account | trading account |
|---|---|
| Demat Account is opened to store your shares and securities in electronic form. | Trading Account is opened to buy and sell shares in the stock market. |
| Demat Account is for the security of the share. | Trading Account is for share transactions. |
| You cannot deposit money in Demat Account. | Whereas money can be deposited in the trading account. |
Trading account related questions
Trading account is the account of the investor through which he can transact shares in the stock market, while Demat account is the account in which the investor can keep his shares safely deposited.
Anyone who is above 18 years of age can open a trading account. Important documents like PAN card, Aadhaar card and bank account are also needed to open a trading account.
How much money will be required to open a trading account depends on which broker you are opening a trading account with. Most brokers charge 300 to 700 rupees for opening a trading account. Sometimes some brokers open free trading for their customers in a special offer.
The trading account is created with the broker. You can open your trading account very easily with Discount Broker like Upstox, Zerodha, Groww App.
With the help of trading account, the investor can transact shares in the stock market. There is no stock exchange without a trading account.
Trading account means business account in Hindi.
You Learned: What is Trading Account in Hindi
After reading this article you must have understood that What is Trading Account? In English And how is it different from Demat Account. If you also want to do trading in the share market, then for this you will need a Trading Account. Because without a trading account you cannot buy and sell shares.
Hope you must have liked this article written by us, share this article with your friends on social media as well, so that they too can be helped to know about the stock market.